NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 19,142 shares, a decline of 79.7% from the July 15th total of 94,153 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 254,743 shares, the days-to-cover ratio is currently 0.1 days.
NTT Stock Up 1.8%
NTTYY traded up $0.44 during midday trading on Friday, reaching $25.49. 44,553 shares of the company were exchanged, compared to its average volume of 163,189. The company has a market cap of $83.32 billion, a price-to-earnings ratio of 12.20, a price-to-earnings-growth ratio of 4.14 and a beta of 0.04. NTT has a one year low of $21.47 and a one year high of $28.30. The company’s fifty day moving average price is $23.26 and its 200 day moving average price is $23.95. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.48 and a current ratio of 0.51.
NTT (OTCMKTS:NTTYY – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. NTT had a return on equity of 10.43% and a net margin of 7.17%.The company had revenue of $22.97 billion for the quarter, compared to analyst estimates of $21.57 billion. As a group, analysts expect that NTT will post 1.9 EPS for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on NTT
About NTT
Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.
NTT’s business operations are organized across several key subsidiaries.
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